Price Action Overview:
TIA (Celestia) surged by 80% following its major token unlock last October. It broke out from a 150-day accumulation range.
Current Situation:
The price is currently facing rejection at the yearly VWAP. While there’s potential for a spike to $9.50–$10 range, a breakout from this channel is unlikely in the immediate term.
Potential Pullback:
A retest around $6.70 (previous range high) is expected. There’s also a possibility of deviation down to $5.50
Accumulation Zone:
If you’re looking to accumulate, the $6.70–$5.50 range is an ideal area to consider.
TIA (Celestia) surged by 80% following its major token unlock last October. It broke out from a 150-day accumulation range.
Current Situation:
The price is currently facing rejection at the yearly VWAP. While there’s potential for a spike to $9.50–$10 range, a breakout from this channel is unlikely in the immediate term.
Potential Pullback:
A retest around $6.70 (previous range high) is expected. There’s also a possibility of deviation down to $5.50
Accumulation Zone:
If you’re looking to accumulate, the $6.70–$5.50 range is an ideal area to consider.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.